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Non-Tech : Brown & Company New "5 and 10 Store"?
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To: Esteban who wrote (156)10/15/1998 12:13:00 AM
From: Larry McSpadden  Read Replies (1) of 1865
 
Esteban,

I am thinking of opening an IRA account with Brown. I have read their application forms, and find their "legal talk" a bit frightening. It sounds like any disagreement is automatically ruled in their favor, assuming you sign on the dotted line. And the money (in any of your accounts with them) is theirs. This may be standard legal lingo, but it makes me uncomfortable anyway. For all I know applications from all the other brokerage companies may have the same wording. Have you or anyone else here on SI had any problems because of their agreements?

Thanks!
Larry
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